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2021-07-31-accounts

Trustees’ Annual Report for the period

From 1/08/2020 To 31/07/2021

Charity name: Isleham under fives association

Charity registration number: 294978

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The aim of the Preschool is to Support and
enhance the development and education of
children from 2.9 to statutory school age.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.
Para 1.17 and
1.19
The charity works for the public benefit
having as its objects the development and
education of children and young people in
Particular by:
1) promoting their care and
Safety;
2) promoting their education and
Promoting parental involvement;
3) promoting their health and
Wellbeing;
4) providing services to support
Them and their families and
Carers;
5) furthering the aims of the preschool
learning alliance.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 In all our work, we (the trustees) have regard
to the guidance issued by the Charity
Commission on public benefit.

Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 We have no policy of grant making and are
not involved in grant making.
Policy on social investment
including program related
investment
Para 1.38 Similarly, we have no policy on social
investment as we are not involved in social
investments.
The work of the fund-raising committee
Contribution made by
volunteers
Para 1.38 continues to provide us with excellent events
that have welcomed parents into the setting
and engaged our children. We are grateful to
those parents, beyond our Committee of
volunteers, who regularly give up their time
for free to help.
Other We would like to thank all those parents who
volunteered their time to us during the
preschool sessions & during our events this
year

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 This year has continued to be somewhat
unpredictable. However, we have become
far more resilient and better practised at
rising to the occasion. Although there have
been some changes to our staff team, I
would like to say a heartfelt thank you to the
staff team. Their continuing commitment,
enthusiasm and care make our preschool a
fantastic place and they continued to provide
outstanding, nurturing care to the children
that attend preschool.
The staff team have adapted and worked
together to ensure that the children continue
to enjoy their time at preschool despite all
the new measures that come with being
COVID secure.
We can’t under estimate the challenges the
staff team have faced.
I would also like to thank the committee for
all their work over the last year. I appreciate
that everyone is busy and is giving their time
alongside their work and family
commitments. Thank you.
We were re-inspected by Ofsted in June this
year. The inspector found that children have
formed strong bonds and attachments with
staff and arrive with eagerness and
enthusiasm. The preschool offers a
welcoming secure and safe environment.
Children’s behaviour is very good and that
children are highly competent and will be
ready for school by ensuring that key skill
support the children’s future. We are very
proud of these findings and of the staff who
did very well during the inspection. We were
extremely pleased to be award a “good”
rating with strong feedback back for future
improvements.
Although the pandemic continues to
curtailed preschool’s fundraising ability we
have been creative and successful in our
fundraisingandgrant applications that have

supported the continued development of the preschool. As confidence has returned our numbers have increased and the therefore we have been able to recoup our previous losses.

Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 End of year balance £ 41,135 (£28,433 &
£12,503)
Total income £95,681
Total Expenditure £75,912
Total profit of £19,769
Fixed assets £185,186
Total value of the charity of £226,321
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 We aim to hold in reserve three months
running costs and notice period/redundancy
provision for eligible staff in the event of the
preschool having to close. This amount is
recommended by the Early Years Learning
Alliance. It will be held in a savings account
and will be used for emergency purposes
only. For example, if the preschool is
threatened with closure or other unforeseen
circumstances such as having to move to a
new site. The committee will take the final
decision as to how and when the reserve is
used. This figure will be reviewed on an
annual basis.
Amount of reserves held Para 1.22 £12,503
Reasons for holding zero
reserves
Para 1.22
Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 The Early Years Funding Scheme from the
government provides the majority of our
income.
We also receive a proportion of our income
by way of fees directly from parents who are
either not eligible for funding
Donations and fundraising also cover the
activities that children participate in that the
funding doesn’t cover.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
One of the principle risks facing the charity is
A description of the principal
risks facing the charity
Para 1.46 the continued low government funding of
childcare places
Other

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Unincorporated
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 New trustees may be nominated and
appointed by current Trustees and /or
elected at the AGM

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction and
training of trustees
Para 1.51 All trustees are enhanced DBS checked and
give their time on a voluntary basis and
receive no remuneration or benefits.
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51 A Committee of parents and former parents
oversees the work of the Preschool. The
Preschool management structure consists of
two well-qualified and experienced staff
members as a manager and deputy
(&SENCO). Our Preschool is on the site of
the Isleham Primary School and, although
we are a separate organisation, we meet
regularly with the Early Years team at the
school to share ideas.
We also work with the Early years team at
County level and area members of the early
years alliance.
Relationship with any related
parties
Para 1.51 We are members of the Early Years
Alliance, registered with Ofsted as an early
years setting and work with Early years team
at County level
Other

Reference and Administrative details

Charity name Isleham under fives association
Other name the charityuses Isleham Preschool
Registered charitynumber 294978
Charity’s principal address 3a Malting Lane
Isleham
Ely
Cambs
CB7 5RZ

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Rebecca Dobbin Chair Preschool Committee
Iris Godden Treasurer Preschool Committee
Rachel Crick Secretary Preschool Committee
Leanna Kew From Nov ‘20 Preschool Committee
Charlotte Sanders From Nov ‘20 Preschool Committee
Stephen Dunkley From Nov ‘20 Preschool Committee
Anna Dodd From Nov ‘20 Preschool Committee
David Dodd From Nov ‘20 Preschool Committee
Zara king From Nov ‘20 Preschool Committee
Emma Louise de
Vaux
From Nov ’20 until May
‘21
Preschool Committee
Scott Rowbotham Treasurer Until Nov ’20 Preschool Committee
Daniella
Rowbotham
Secretary Until Nov ’20 Preschool Committee
Marlene Auberger Chair Until Nov ’20 Preschool Committee

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address
adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)
Full name(s)
Position (eg Secretary,
Chair, etc)
Date
R Dobbin
Rebecca Dobbin


Chair

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021

FOR

ISLEHAM UNDER FIVES ASSOCIATION

Page 1

ISLEHAM UNDER FIVES ASSOCIATION

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021

Page
General Information 1
Independent Examiners Report 2
Statement of Payments and Receipts 3
Statement of Assets and Liabilities 4
Tangible Fixed Assets Schedule 5

Page 1

ISLEHAM UNDER FIVES ASSOCIATION

GENERAL INFORMATION FOR THE YEAR ENDED 31 JULY 2021

REGISTERED CHARITY: Number 294978 OFFICERS : Rebecca Dobbin (Chair) Iris Golden (Treasurer) Rachel Crick (Secretary)

ADDRESS:

ADDRESS: 3a Maltings Lane Isleham Ely Cambridgeshire CB7 5RZ ACCOUNTANTS: Janine Davies Pendenra High Street Brinkley Newmarket Suffolk CB8 0SF

Page 1

INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF ISLEHAM UNDER 5’S ASSOCIATION TRUST Registered charity number 294978

I report to the members on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/07/2021

As the charity members of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

• accounting records were not kept in accordance with section 130 of the Act or • the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached

Janine Davies Accountant & Tax Adviser, ICPA, Pendenra, High St, Brinkley , Newmarket CB8 0SF

Date 13 May 2022

Page 2

ISLEHAM UNDER FIVES ASSOCIATION

STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 JULY 2021

Income
CC Funding
Fundraising
Fees
EY funding
Other income
Deposit account interest
Expenditure
Rent
Rates and water
Insurance
Light and heat
Telephone
Post and stationery
Milk
Toys & play equipment
Repairs and renewals
Lunch club
Cleaning materials
Training
Ofsted
Sundry expenses
Professional fees
Accountancy
Provisions
Wages
Pensions
Hire of water cooler
Finance costs
Bank charges
SURPLUS/DEFECIT FOR THE YEAR
Funds b/f
Funds c/f
2021
£
8,673
930
9,544
76,532
662
789
803
1,195
961
71
-
-
4,017
-
417
185
50
2,324
152
1,712
105
62,100
369
-

£
95,679
2
95,681
75,912
19,769
-
19,769
21,366
41,135
2020
£
62,647
-
4,940
-
42
35
843
798
1,274
380
9
1,056
2,022
342
290
2,309
50
818
2,486
250
92
69,398
703
136

£
67,587
9
67,596
83,333
(15,737)
136
(15,873)
37,239
**21,366 **

Page 3

ISLEHAM UNDER FIVES ASSOCIATION

STATEMENT OF ASSETS AND LIABILITIES 31 JULY 2021

FIXED ASSETS
Freehold property
Improvements to property
Plant and machinery
Fixtures and fittings
CURRENT ASSETS
Bank account no. 1
Bank account no. 2
Cash in hand
CURRENT LIABILITIES
Trade creditors
NET ASSETS
FINANCED BY
RESERVES AND FUNDS
Reserves
CAPITAL ACCOUNT
Brought forward
Add
Net profit
Less
Net loss
2021
£
150,000
16,701
1,500
16,985
28,433
12,503
199
41,135
-
180,055
19,769
199,824
-
£
185,186
41,135
226,321
26,497
199,824
226,321
2020
£
150,000
16,701
1,500
16,985
3,980
17,081
303
21,364
(2)
195,928
-
195,928
15,873
£
185,186
21,366
206,552
26,497
180,055
206,552

Page 5

ISLEHAM UNDER FIVES ASSOCIATION

TANGIBLE FIXED ASSETS SCHEDULE 31 JULY 2021

COST
At 1 August 2020
and 31 July 2021
NET BOOK VALUE
At 31 July 2021
At 31 July 2020
Improvements
Freehold
to
Plant and
property
property
machinery
£
£
£
150,000
16,701
1,500
150,000
16,701
1,500
150,000
16,701
1,500
Fixtures
and
fittings
£
16,985
16,985
16,985
Totals
£
185,186
185,186
185,186

Page 6

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021

FOR

ISLEHAM UNDER FIVES ASSOCIATION

Page 1

ISLEHAM UNDER FIVES ASSOCIATION

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2021

Page
General Information 1
Independent Examiners Report 2
Statement of Payments and Receipts 3
Statement of Assets and Liabilities 4
Tangible Fixed Assets Schedule 5

Page 1

ISLEHAM UNDER FIVES ASSOCIATION

GENERAL INFORMATION FOR THE YEAR ENDED 31 JULY 2021

REGISTERED CHARITY: Number 294978 OFFICERS : Rebecca Dobbin (Chair) Iris Golden (Treasurer) Rachel Crick (Secretary)

ADDRESS:

ADDRESS: 3a Maltings Lane Isleham Ely Cambridgeshire CB7 5RZ ACCOUNTANTS: Janine Davies Pendenra High Street Brinkley Newmarket Suffolk CB8 0SF

Page 1

INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF ISLEHAM UNDER 5’S ASSOCIATION TRUST Registered charity number 294978

I report to the members on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/07/2021

As the charity members of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

• accounting records were not kept in accordance with section 130 of the Act or • the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached

Janine Davies Accountant & Tax Adviser, ICPA, Pendenra, High St, Brinkley , Newmarket CB8 0SF

Date 13 May 2022

Page 2

ISLEHAM UNDER FIVES ASSOCIATION

STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 31 JULY 2021

Income
CC Funding
Fundraising
Fees
EY funding
Other income
Deposit account interest
Expenditure
Rent
Rates and water
Insurance
Light and heat
Telephone
Post and stationery
Milk
Toys & play equipment
Repairs and renewals
Lunch club
Cleaning materials
Training
Ofsted
Sundry expenses
Professional fees
Accountancy
Provisions
Wages
Pensions
Hire of water cooler
Finance costs
Bank charges
SURPLUS/DEFECIT FOR THE YEAR
Funds b/f
Funds c/f
2021
£
8,673
930
9,544
76,532
662
789
803
1,195
961
71
-
-
4,017
-
417
185
50
2,324
152
1,712
105
62,100
369
-

£
95,679
2
95,681
75,912
19,769
-
19,769
21,366
41,135
2020
£
62,647
-
4,940
-
42
35
843
798
1,274
380
9
1,056
2,022
342
290
2,309
50
818
2,486
250
92
69,398
703
136

£
67,587
9
67,596
83,333
(15,737)
136
(15,873)
37,239
**21,366 **

Page 3

ISLEHAM UNDER FIVES ASSOCIATION

STATEMENT OF ASSETS AND LIABILITIES 31 JULY 2021

FIXED ASSETS
Freehold property
Improvements to property
Plant and machinery
Fixtures and fittings
CURRENT ASSETS
Bank account no. 1
Bank account no. 2
Cash in hand
CURRENT LIABILITIES
Trade creditors
NET ASSETS
FINANCED BY
RESERVES AND FUNDS
Reserves
CAPITAL ACCOUNT
Brought forward
Add
Net profit
Less
Net loss
2021
£
150,000
16,701
1,500
16,985
28,433
12,503
199
41,135
-
180,055
19,769
199,824
-
£
185,186
41,135
226,321
26,497
199,824
226,321
2020
£
150,000
16,701
1,500
16,985
3,980
17,081
303
21,364
(2)
195,928
-
195,928
15,873
£
185,186
21,366
206,552
26,497
180,055
206,552

Page 5

ISLEHAM UNDER FIVES ASSOCIATION

TANGIBLE FIXED ASSETS SCHEDULE 31 JULY 2021

COST
At 1 August 2020
and 31 July 2021
NET BOOK VALUE
At 31 July 2021
At 31 July 2020
Improvements
Freehold
to
Plant and
property
property
machinery
£
£
£
150,000
16,701
1,500
150,000
16,701
1,500
150,000
16,701
1,500
Fixtures
and
fittings
£
16,985
16,985
16,985
Totals
£
185,186
185,186
185,186

Page 6